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20121101
20121101
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CNN 1
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CNN
Nov 1, 2012 4:00am PDT
time tomorrow. that jobless rate is forecast to rise slightly to 7.9%. >>> u.s. stock markets reopened yesterday after being closed two days. and they closed mixed on the day. home depot and lowe's both rose, no surprise there. this morning, u.s. stock futures are trading mixed. there are several key economic reports today. jobless claims, construction spending, auto sales, and we're getting a lot of earnings. a lot going on in markets, even as investors in people's 401(k)s are trying to dig out. and it's costing new york city $200 million a day in permanently lost economic activity. >> what are you adding up there? >> that's all the lost business, and that's not even counting, i think, the damage that's going to have to be fixed. this is lost economic activity. this is according to the new york city comptroller's office. businesses, of course, scrambling for fuels, for cars, for generators. logistics are a mess, employees are displaced, customers are displaced, lost productivity, business not getting done, contracts being lost. you get it. >> not even cleanup numbers yet. >> not even
Search Results 0 to 1 of about 2 (some duplicates have been removed)